Jeff Yass Susquehanna International Group
Jeff Yass is a co-founder of Susquehanna International Group (SIG), a major global trading and market-making firm. SIG is known for options expertise, quantitative trading, and a training culture grounded in probabilistic decision-making. Yass’s firm is influential across derivatives markets even though it is less of a traditional long-only stock-picking franchise.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$680M |
| 2 |
Microsoft
MSFT
|
+$506M |
| 3 |
UnitedHealth
UNH
|
+$393M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$381M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$348M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$5.24B |
| 2 |
Tesla
TSLA
|
+$450M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$444M |
| 4 |
TSMC
TSM
|
+$432M |
| 5 |
Invesco QQQ Trust
QQQ
|
+$371M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 93.94% |
| 2 | Technology | 1.79% |
| 3 | Consumer Discretionary | 0.82% |
| 4 | Financials | 0.79% |
| 5 | Healthcare | 0.66% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
4951
CALL
Buckle
BKE
$2.24B
| $3M | ﹤0.01% |
66,200
+14,600
| +28% | +$577K |
|
|
LNW
4952
DELISTED
Light & Wonder
LNW
| $3M | ﹤0.01% |
31,185
-16,787
| -35% | -$1.44M |
|
4953
HUB Group
HUBG
$2.42B
| $3M | ﹤0.01% |
89,793
+16,717
| +23% | +$561K |
|
4954
Acadia Realty Trust
AKR
$2.85B
| $3M | ﹤0.01% |
161,618
+13,368
| +9% | +$259K |
|
4955
PagerDuty
PD
$1.09B
| $3M | ﹤0.01% |
196,321
+69,099
| +54% | +$1.07M |
|
4956
iShares MSCI USA Equal Weighted ETF
EUSA
$1.94B
| $3M | ﹤0.01% |
30,263
+10,397
| +52% | +$975K |
|
|
OTLY
4957
CALL
Oatly Group
OTLY
$468M
| $3M | ﹤0.01% |
252,600
-299,000
| -54% | -$3.15M |
|
4958
State Street SPDR S&P Pharmaceuticals ETF
XPH
$549M
| $3M | ﹤0.01% |
73,875
-18,170
| -20% | -$730K |
|
4959
CALL
MicroSectors FANG+ ETNs due Jan 8 2038
FNGS
$606M
| $3M | ﹤0.01% |
46,000
-54,900
| -54% | -$3.1M |
|
4960
Liberty Global Class C
LBTYK
$3.56B
| $2.99M | ﹤0.01% |
290,448
-122,903
| -30% | -$1.27M |
|
4961
CALL
Similarweb
SMWB
$801M
| $2.99M | ﹤0.01% |
381,900
-259,100
| -40% | -$1.94M |
|
4962
CALL
Fluence Energy
FLNC
$1.56B
| $2.99M | ﹤0.01% |
446,100
+143,400
| +47% | +$683K |
|
4963
Alignment Healthcare
ALHC
$2.83B
| $2.99M | ﹤0.01% |
213,716
+39,222
| +22% | +$632K |
|
4964
Arvinas
ARVN
$600M
| $2.99M | ﹤0.01% |
406,384
+17,824
| +5% | +$131K |
|
4965
PUT
Clear Secure
YOU
$4.47B
| $2.99M | ﹤0.01% |
107,600
-549,700
| -84% | -$14M |
|
4966
CALL
Invesco S&P 500 Top 50 ETF
XLG
$11B
| $2.99M | ﹤0.01% |
+57,300
| New | +$2.73M |
|
4967
CALL
ProShares Short Bitcoin Strategy ETF
BITI
$113M
| $2.98M | ﹤0.01% |
151,500
+15,000
| +11% | +$326K |
|
4968
PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund
CORP
$1.6B
| $2.98M | ﹤0.01% |
30,663
+21,365
| +230% | +$2.04M |
|
4969
PUT
Ericsson
ERIC
$32.5B
| $2.98M | ﹤0.01% |
351,600
-313,700
| -47% | -$2.58M |
|
4970
Green Brick Partners
GRBK
$3.15B
| $2.98M | ﹤0.01% |
47,402
-573
| -1% | -$34K |
|
4971
Innovator US Equity Power Buffer ETF March
PMAR
$772M
| $2.98M | ﹤0.01% |
70,554
+52,647
| +294% | +$2.13M |
|
4972
Tencent Music
TME
$14B
| $2.98M | ﹤0.01% |
152,835
+29,669
| +24% | +$466K |
|
4973
ICF International
ICFI
$1.62B
| $2.98M | ﹤0.01% |
35,133
-7,292
| -17% | -$618K |
|
|
LEG
4974
CALL
DELISTED
Leggett & Platt
LEG
| $2.98M | ﹤0.01% |
333,600
+114,900
| +53% | +$990K |
|
4975
PUT
Clover Health Investments
CLOV
$2.25B
| $2.97M | ﹤0.01% |
1,066,000
+50,500
| +5% | +$166K |
|
Similar funds
Jeff Yass's Q2 2025 Portfolio in Review
As of Q2 2025, Jeff Yass held 14,080 positions worth $720B, up 23% from $586B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Jeff Yass's Q2 2025 filing shows 1,720 new, 5,716 increased, 5,055 reduced and 1,538 closed positions. Its largest new stake was iShares Core MSCI Total International Stock ETF: 1,549,778 shares worth $120M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $5.24B.
By sector, the portfolio is most concentrated in Miscellaneous at 94% of assets, down from 94% a quarter earlier, followed by Technology and Consumer Discretionary.
- Jeff Yass's largest Q2 2025 buy was iShares Core MSCI Total International Stock ETF: 1,549,778 shares worth $120M.
- Jeff Yass added most to Apple in Q2 2025, an estimated $680M increase.
- Jeff Yass's biggest Q2 2025 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $5.24B.
- Jeff Yass fully exited Vanguard Intermediate-Term Bond ETF in Q2 2025, selling an estimated $61.8M.
- Jeff Yass's ten largest holdings make up 26% of its $720B portfolio in Q2 2025.
- Jeff Yass opened 1,720 new positions and closed 1,538 in Q2 2025.
- Jeff Yass's portfolio value rose 23% quarter-over-quarter to $720B.
Based on Susquehanna International Group's 13F filing for Q2 2025, filed 14 Aug 2025.